Principal Core Fixed Income J (PIOJX)
| Fund Assets | 10.53B |
| Expense Ratio | 0.64% |
| Min. Investment | $1,000 |
| Turnover | 13.90% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.42% |
| Dividend Growth | 6.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 8.76 |
| YTD Return | 4.25% |
| 1-Year Return | 2.62% |
| 5-Year Return | -4.34% |
| 52-Week Low | 8.34 |
| 52-Week High | 8.79 |
| Beta (5Y) | n/a |
| Holdings | 486 |
| Inception Date | Sep 30, 2009 |
About PIOJX
Principal Core Fixed Income Fund Class J is an open-end mutual fund designed to provide investors with stable income and capital preservation by investing primarily in a diversified portfolio of investment-grade fixed-income securities. Its core holdings include corporate bonds, U.S. government securities, and other high-credit quality debt instruments, reflecting its focus on high credit quality and moderate interest rate sensitivity. The fund’s investment strategy is actively managed by an experienced team, which seeks to balance credit opportunities with interest rate risk across sectors and maturities. With an effective duration of around 5.85 years and a yield that aligns with other intermediate core bond funds, it serves as a foundational component for retirement and general investment portfolios. Principal Core Fixed Income Fund Class J plays a significant role in the fixed-income market by offering broad exposure to the U.S. investment-grade bond market, providing diversification, regular income through monthly distributions, and a potential hedge against equity market volatility for individual and institutional investors.
Performance
PIOJX had a total return of 2.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.78%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
11.20% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Dec 25 | n/a | 6.20% |
| Principal Government Money Market R-6 | PGWXX | 0.87% |
| AbbVie Inc. 5.05% | ABBV.5.05 03.15.34 | 0.60% |
| Biogen Inc 2.25% | BIIB.2.25 05.01.30 | 0.57% |
| Waste Connections Inc. 5.25% | WCNCN.5.25 09.01.35 | 0.51% |
| Truist Bank (North Carolina) 4.632% | TFC.V4.632 09.17.29 BKNT | 0.51% |
| American Tower Corporation 2.75% | AMT.2.75 01.15.27 | 0.50% |
| Ryder System, Inc. 2.9% | R.2.9 12.01.26 MTN | 0.48% |
| PNC Bank National Association Pittsburgh Pennsylvania 2.7% | PNC.2.7 10.22.29 BKNT | 0.48% |
| PPL Electric Utilities Corporation 5.25% | PPL.5.25 05.15.53 | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02435 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02698 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02617 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02421 | Jun 30, 2025 |
| May 30, 2025 | $0.02651 | May 30, 2025 |
| Apr 30, 2025 | $0.02472 | Apr 30, 2025 |